Median Home Price
$208,290.56
Median RentTIE
$1,113.28/mo
Price-to-Rent Ratio
15.6
Property Tax RateTIE
1.56%
Price Change (1Y)BETTER
+5.5%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
−$43,264
Median Home PriceBETTER
$169,369.71
Median RentTIE
$1,104.81/mo
Price-to-Rent RatioBETTER
12.8
Property Tax RateTIE
1.56%
Price Change (1Y)
+5.4%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
−$5,650
Key Differences
Home Prices
Canton's median home price of $208,290.56 is higher than Toledo's $169,369.71 by 23%.
Monthly Rent
Renting in Canton costs $1,113.28/mo compared to $1,104.81/mo in Toledo—a difference of $8.47/mo.
Buy vs Rent Verdict
Canton favors renting, while Toledo favors either option.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.